Do you ever just wonder how clean cash, cards and coins are? Financial records show in a single year Kaloti Metals & Logistics handled twenty-two tons of gold, worth approximately US$1 … South Florida is the favourite market for illegal precious metals. Three Miami-based gold dealers were going to be arrested on money-laundering charges. . Dirty Money: How clean are cash, cards and coins? As a subsidiary of Dubai’s Kaloti Jewellery Group the Miami based company simply requisitions its gold needs one day in advance. Why are journalists getting killed Unbeknownst to any of us who have lived here a long time, Miami had become the hub of a vast gold empire. On a daily basis one trading house Kaloti Metals & Logistics, in downtown Miami, makes large amounts of gold bars from similar imported precious metal. North Texas Refinery (NTR) Metals is another south Florida based precious metal processor with special interest in gold. Join now using our secure Jay Weaver, Nicholas Nehamas, Jim Wyss, Kyra Gurney Miami Herald Jan 2018 55min Dirty Gold, Clean Cash.. Hard to get my brain working around this article. Dirty Gold, Clean Cash.. Hard to get my brain working around this article. RELATED STORIES TRENDING Take … How dirty money gets clean. According to Colombian Mining Association statistics only eight tons of such gold were produced by legitimate local mining operations. Original material: Copyright Kevin Flaherty. Other 2018 Finalists in … NTR is a subsidiary and gold provider for the Dallas-based Elemetal company, among whose clients are Apple, Tiffany & Co., and dozens of Fortune 500 companies. Take Colombia, a country with a substantial mining industry that exported 64 tons of gold in 2016, . . How do crooks launder money using video games? Profits craftily incorporated with mine operating costs or the gold sales to US and multinational companies. They built a washing machine for turning dirty drug dollars into clean cash. Klaas. The company established a working relationship with Colombia, home to large-scale illegal gold mining. The product is tested then exported. “I’m like Pablo coming … to get the coke,” he told two co-workers in a text message in 2014. Power Corrupts is written and narrated by Brian For this reason, the city has long been a center of activity for both legal and illicit businesses operating in the United States and its Latin American neighbors. for exposing money laundering? Design by Andreas Viklund | Ported by Matteo Turchetto. The emergence of precious metal dealers who operate cash-for-gold services represents a growing source of laundering opportunities, Duschek said. Dirty Gold Clean Cash A river of gold controlled by drug lords runs through Miami By The Miami Herald I-Team Jan. 16, 2018 Investigation Highlights Miami's Role in Turning 'Dirty Gold' Into 'Clean Cash', Investigation and Analysis of Organized Crime The product is tested then exported. Stitched together with the help of world-leading experts. Listen now. How do crooks launder money using video games? Material from external sources: Copyright the respective owners / authors. For the last ten years law enforcement’s international war on drugs severely handicapped drug traffickers’ cash flow. Why are journalists getting killed for exposing money laundering? Nearly one third of America’s imported gold enters via this portal. To plumb the depths of this murky world, the Miami Herald deployed Weaver, investigative reporter Nicholas Nehamas, Latin America specialist Kyra Gurney, South America correspondent Jim Wyss, and three visual journalists: Jose Iglesias, Aaron Albright and Pedro Portal.. We called their project Dirty Gold/Clean Cash. On Tuesday January 09th 2018 American officials indicted four Peruvians NTR Metals executives for masterminding an illegal US$3.6 billion international gold/money laundering scheme. Take Colombia, a country with a substantial mining industry that exported 64 tons of gold in 2016, . Cryptogon contains both original material and material from external sources. On a daily basis one trading house Kaloti Metals & Logistics, in downtown Miami, makes large amounts of gold bars from similar imported precious metal. Following Peruvian authorities’ crackdown on the illegal gold trade, NTR followed a known pattern of buying Peruvian gold smuggled to neighboring Bolivia and Ecuador. Moreover, Miami’s reputation for extravagance and luxury has made it an attractive money laundering locale. Please enable javascript to view this site. As a countermeasure trafficking syndicates diversified to Latin America’s gold industry. How drug lords make billions smuggling gold to Miami for your jewelry and phones actually work? In 2014 Colombia’s illegal mining made US$2.4 billion. TUCK MAGAZINE - Download. And what in the world is “cuckoo smurfing”? How did billions of dollars of dirty gold from South America become clean cash in Florida and Ohio? Voodoo. In 2013 alone, NTR acquired nearly $1 billion in gold from the Andean country, including some $400 million worth from Pedro Pérez Miranda, alias “Peter Ferrari,” according to the Miami Herald. Add to queue. In March of 2017, Jay Weaver, the Miami Herald’s federal courts reporter, got a tantalizing tip. Via: Miami Herald: When Juan Granda ventured into Peru’s Amazon rainforest to score another illicit load of gold, he boasted that he felt like legendary Colombian drug lord Pablo Escobar. Smuggling. Conspiracy Theories. You’ve probably heard of money laundering, but how does it actually work? Description You’ve probably heard of money laundering, but how does it actually work? In 2001 gold traded less than US$300 per ounce. Dirty gold, clean cash: A Miami Herald investigation A river of gold controlled by drug lords runs through Miami. You’ve probably heard of money laundering, but how does it actually work? The main course of Dirty Gold/Clean Cash was a series of stories from reporters dispatched to locales as disparate as the Andean rain forest and Appalachian Ohio. This wasn’t a garden variety South Florida scam. The New Zealand Copyright Act 1994 specifies certain circumstances where all or a substantial part of a copyright work may be used without the copyright owner's permission. © 2020 Copyright Tuck Magazine. Cults. Why are journalists getting killed for exposing money laundering? Approximately two percent of the gold stockpiled in Fort Knox transits Miami. Stop worrying about the subscription fee. Acting on circulated intelligence reports Peruvian internal security officials, supported by law enforcement, began targeting illegal domestic gold mining. “We are surely the global hub for money laundering,” said Miami-Dade State Attorney Katherine Fernandez Rundle in April 2016, following the arrest of an alleged money laundering network linked to the Sinaloa Cartel. How did billions of dollars of dirty gold from South By. Why are journalists getting killed for exposing money laundering? The multimedia investigation published by the Miami Herald on January 16, entitled “Dirty Gold, Clean Cash,” details two money laundering schemes in which transnational organized crime exploited Miami’s role as a gold and jewelry hub to launder criminal proceeds.

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